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Brovatec

Active
Private limited companyfounded 20251 yr activeAugust Lenaertsstraat(MZN) 3, 2812 Mechelen, BelgiumKBO/BCE: BE 1027.568.708
Summary

Brovatec has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €24,594 and a net result of €19,594. Its solvency ranks better than 46% of 20907 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).

Financials · fiscal year 2025, micro schema

Equity
€24,594
Total assets
€43,648
Net result
€19,594
Working capital
€24,594

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Equity and liabilities €43,648
Equity €24,594
Debt €19,054
Debt finances 43.7% of the balance-sheet total.
Key figures and ratios
2025 value
Current ratio
2.29
Debt to equity
0.77
ROE
79.7%
ROA
44.9%
Debt ≤ 1 year
€19,054
Income taxes
€7,826

Peer companies

Historical observation

Of the 11,280 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 97% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
97% still going

For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,471 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 11,280 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 32 lines
Balance sheet Code2025
Assets
Total assets20/58€43,648
Current assets29/58€43,648
Amounts receivable within one year40/41€15,788
Trade receivables40€15,557
Other amounts receivable41€232
Cash at bank and in hand54/58€26,698
Deferred charges and accrued income490/1€1,162
Equity and liabilities
Total equity and liabilities10/49€43,648
Equity10/15€24,594
Contributions10/11€5,000
Reserves13€19,594
Distributable reserves133€19,594
Amounts payable17/49€19,054
Amounts payable within one year42/48€19,054
Financial debts43€14
Credit institutions430/8€14
Trade debts44€420
Suppliers440/4€420
Taxes, remuneration and social security45€16,852
Taxes450/3€16,852
Other amounts payable47/48€1,769
Income statement Code2025
Gross operating margin9900€27,420
Operating profit (loss)9901€27,420
Financial charges65/66B€0
Recurring financial charges65€0
Profit (loss) for the period before taxes9903€27,420
Income taxes67/77€7,826
Profit (loss) for the period9904€19,594
Profit (loss) for the period to be appropriated9905€19,594
Appropriation of the result
Profit (loss) to be appropriated9906€19,594
Transfer to equity691/2€19,594
To other reserves6921€19,594

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Gross operating margin9900€27,420
Operating profit (loss)9901€27,420
Financial charges65/66B€0
Recurring financial charges65€0
Profit (loss) for the period before taxes9903€27,420
Income taxes67/77€7,826
Profit (loss) for the period9904€19,594
Profit (loss) for the period to be appropriated9905€19,594
Line2025
Assets
Total assets20/58€43,648
Current assets29/58€43,648
Amounts receivable within one year40/41€15,788
Trade receivables40€15,557
Other amounts receivable41€232
Cash at bank and in hand54/58€26,698
Deferred charges and accrued income490/1€1,162
Equity and liabilities
Total equity and liabilities10/49€43,648
Equity10/15€24,594
Contributions10/11€5,000
Reserves13€19,594
Distributable reserves133€19,594
Amounts payable17/49€19,054
Amounts payable within one year42/48€19,054
Financial debts43€14
Credit institutions430/8€14
Trade debts44€420
Suppliers440/4€420
Taxes, remuneration and social security45€16,852
Taxes450/3€16,852
Other amounts payable47/48€1,769
Line2025
Profit (loss) for the period9904€19,594
Operating cash flow (approximation)€19,594

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Similar companies · same sector, comparable size

Of 30,023 companies in this sector we hold annual accounts for 18,915. 14,244 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector